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中国应提高杠杆率

Randy Hudson, a pecan grower in Georgia, the United States, shows his pecan trees. [Photo/Xinhua]

Recently more than 30 city planners and experts from across the globe gathered in Guangzhou to share their experiences and brainstorm innovation on urban governance at the second Workshop for Thought Leaders.

Reflecting a deterioration in growth prospects, major central banks have signaled a more dovish policy stance, with the US Federal Reserve apparently placing its tightening cycle on hold and the European Central Bank implementing new measures to stimulate credit and activity.

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ROME -- An exhibition on the Belt and Road Initiative(BRI) kicked off Wednesday here, attracting exhibitors and visitors from across Italy and the rest of Europe to promote business ties with China.

Regarded as a leader in rolling out 5G applications, China is forecast to invest 4 billion in 5G by 2025, said the report.

RCEP is expected to be concluded in 2018 but Philippine Trade Secretary Ramon Lopez told reporters last week that negotiations to complete RCEP could take another two years.

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Rather, "companies must fully tap the wide variety of consumer market opportunities in order to successfully engage with the changing face of Chinese luxury consumers," Gao said.

Recent years have seen fierce competition in China's refining sector, with growth in refining capacity continuously outpacing growth in demand.

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Ramaphosa said that it is in the fundamental and long-term interests of South Africa to continue to strengthen political mutual trust, expand practical cooperation, enhance scientific, technological and people-to-people exchanges with China, and promote their comprehensive strategic partnership.

ROK Major General Kim Do-gyun and DPRK Lieutenant General An Ik-san meet at the border village of Panmunjom on Friday. YONHAP NEWS AGENCY